Kenan-Flagler Business School at the University of North Carolina at Chapel Hill began in 1919 as the Department of Commerce of the College of Arts and is one of the oldest accredited business schools in America. It was renamed in 1991 following a gift from Frank Hawkins Kenan in honour of Mary Lily Kenan-Flagler, a philanthropist, and her husband, Henry Morrison Flagler. The school is medium-sized with nearly 700 undergraduate students, around 1,000 masters' and doctoral students, and over 3,000 executive education participants. It has strong emphasis on general management, leadership and communications.